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19-Unit Brick Apartment Building
For Sale
$1,525,000

865 Lake Ave, Rochester, NY 14613

Updated kitchens, baths, flooring, windows, lighting, and boiler systems support efficient apartment operations.

Property Size17,600 SF
Price / SF$86.65
Days on Market36

Property Features for 865 Lake Ave

General Information

Standard status Active
Size 17,600 SF
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $248,000
Average Monthly Rent $1,091

Units

Unit Mix 19 x 1BR
Multifamily Units 19

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $26,194

Amenities

off-street parking

Building Details

Buildings 1
Construction brick
Listing Agency: RE/MAX Realty Group
Listed By: Colleen M. Bracci · License #30BR1133356
Source: Exprealty
Added: Jul 5 Changed: Aug 3 Last Checked: Aug 9 at 10:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Group

Investment Insights

Based on property information with market context.

This 19-unit apartment property contains exclusively one-bedroom residences within a 17,600-square-foot brick building. Interior improvements include refreshed kitchens and bathrooms, hardwood and luxury vinyl plank flooring, replacement windows, and energy-efficient lighting. The heating system includes a boiler with Tekmar controls, while off-street parking serves the building. A new Certificate of Occupancy is provided at closing.

The property is located at 865 Lake Ave in Rochester, with access to downtown, public transportation, shopping, restaurants, and parks. Nearby destinations identified for the property include Maplewood Rose Garden and Ontario Beach Park. Occupancy is reported at 100%, and rental payments for most tenants are made through organizations.

Key Highlights

  • 19 one‑bedroom units in a 17600 SF brick apartment building
  • 100% occupied apartment property
  • New Certificate of Occupancy at closing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 14613, NY

14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated kitchens, baths, flooring, windows, lighting, and boiler systems support efficient apartment operations.
Where is this apartment building located?
The property is located at 865 Lake Ave Rochester, NY.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 19 one‑bedroom units in a 17600 SF brick apartment building; 100% occupied apartment property; New Certificate of Occupancy at closing
More about this property
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